APL Logistics said its employees are retracting earlier statements they made last week regarding "K" Line's financial position.
U.S. gross domestic product increased 1.4 percent in the second quarter of 2016, according to the “third” estimate from the Department of Commerce, following a revised increase of just 0.8 percent in the first quarter.
Rep. Jaime Herrera Beutler, R-Wash., sent a letter to the heads of the Department of Transportation, Federal Railroad Administration and Pipeline and Hazardous Materials Safety Administration asking DOT to study potential methods for reducing the combustib
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The South Korean carrier said certain providers have been charging its customers more than what it would have charged to transport cargo and has tried to intervene, taking its concern up with the Federal Maritime Commission.
Carriers may seek to "turn the table" on shippers who drove hard bargains, but an upturn in rates may be short-lived.
The Massachusetts Port Authority said the Conley Terminal will be upgraded with an additional berth and three new cranes, while the Boston Harbor will be dredged to accommodate 12,000-TEU vessels.